Commercial Lines

New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a "revolution" aimed at turbocharging the Italian insurer's financial performance by 2015.

Liam E. McGee, the chief executive of The Hartford says surgery to remove a tumor on his brain was successful and he is returning to work today.

Liam E. McGee, the chief executive of The Hartford says surgery to remove a tumor on his brain was successful and he is returning to work today.

The insurance industry faces an uphill battle in court as a recent poll found that the majority of people hold a bias against insurers and, as jurors, would be more likely to support an individual suing a carrier.

To achieve growth in what is shaping up to be a challenging 2013, insurers must recognize obstacles in the coming year and identify both the threats and opportunities they present, a recent Deloitte report says.

Catastrophe modelers have spent a lot of time analyzing the Northeast for windstorm risk, but Superstorm Sandy revealed numerous failings in the programs, resulting in significant losses for some insurers, says Fitch Ratings.